‘Incredibly difficult’ to buy a house ‘right now’ with rising interest rates

Public affairs consultant Erin Watson says “trying to buy a house in this country is incredibly difficult right now,” as the Reserve Bank of Australia has raised interest rates.

“On the one hand, the cost of living has gone up enormously, but what does this mean for the housing market now?” she told Sky News host Jenna Clarke.

“It’s so out of everyone’s reach.”